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How to buy Texas Pacific Land Corporation stock | $1293.77

Learn how to easily invest in Texas Pacific Land Corporation stock.

Texas Pacific Land Corporation is an oil & gas e&p business based in the US. Texas Pacific Land Corporation shares (TPL) are listed on the NYSE and all prices are listed in US Dollars. Texas Pacific Land Corporation employs 102 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Texas Pacific Land Corporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TPL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Texas Pacific Land Corporation stock price (NYSE: TPL)

Use our graph to track the performance of TPL stocks over time.

Texas Pacific Land Corporation shares at a glance

Information last updated 2021-10-23.
Latest market close$1,293.77
52-week range$429.84 - $1,766.67
50-day moving average $1,237.15
200-day moving average $1,449.82
Wall St. target price$1,380.00
PE ratio 49.5511
Dividend yield $10 (0.81%)
Earnings per share (TTM) $25.55

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Texas Pacific Land Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Texas Pacific Land Corporation price performance over time

Historical closes compared with the close of $1293.77 from 2021-10-25

1 week (2021-10-18) 5.61%
1 month (2021-09-23) -1.02%
3 months (2021-07-26) -13.53%
6 months (2021-04-26) -17.91%
1 year (2020-10-26) 173.54%
2 years (2019-10-25) 113.10%
3 years (2018-10-26) 81.71%
5 years (2016-10-26) 349.23%

Is Texas Pacific Land Corporation under- or over-valued?

Valuing Texas Pacific Land Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Texas Pacific Land Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Texas Pacific Land Corporation's P/E ratio

Texas Pacific Land Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Texas Pacific Land Corporation shares trade at around 50x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Texas Pacific Land Corporation's EBITDA

Texas Pacific Land Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $267.2 million.

The EBITDA is a measure of a Texas Pacific Land Corporation's overall financial performance and is widely used to measure a its profitability.

Texas Pacific Land Corporation financials

Revenue TTM $328.5 million
Operating margin TTM 76.76%
Gross profit TTM $284 million
Return on assets TTM 26.54%
Return on equity TTM 38.85%
Profit margin 60.33%
Book value $70.56
Market capitalisation $9.8 billion

TTM: trailing 12 months

Shorting Texas Pacific Land Corporation shares

There are currently 229,907 Texas Pacific Land Corporation shares held short by investors – that's known as Texas Pacific Land Corporation's "short interest". This figure is 1.9% down from 234,268 last month.

There are a few different ways that this level of interest in shorting Texas Pacific Land Corporation shares can be evaluated.

Texas Pacific Land Corporation's "short interest ratio" (SIR)

Texas Pacific Land Corporation's "short interest ratio" (SIR) is the quantity of Texas Pacific Land Corporation shares currently shorted divided by the average quantity of Texas Pacific Land Corporation shares traded daily (recently around 42813.22160149). Texas Pacific Land Corporation's SIR currently stands at 5.37. In other words for every 100,000 Texas Pacific Land Corporation shares traded daily on the market, roughly 5370 shares are currently held short.

However Texas Pacific Land Corporation's short interest can also be evaluated against the total number of Texas Pacific Land Corporation shares, or, against the total number of tradable Texas Pacific Land Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Texas Pacific Land Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Texas Pacific Land Corporation shares in existence, roughly 30 shares are currently held short) or 0.0392% of the tradable shares (for every 100,000 tradable Texas Pacific Land Corporation shares, roughly 39 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Texas Pacific Land Corporation.

Find out more about how you can short Texas Pacific Land Corporation stock.

Texas Pacific Land Corporation share dividends

71%

Dividend payout ratio: 71.43% of net profits

Recently Texas Pacific Land Corporation has paid out, on average, around 71.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.87% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Texas Pacific Land Corporation shareholders could enjoy a 0.87% return on their shares, in the form of dividend payments. In Texas Pacific Land Corporation's case, that would currently equate to about $10 per share.

Texas Pacific Land Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Texas Pacific Land Corporation's most recent dividend payout was on 14 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 September 2021 (the "ex-dividend date").

Have Texas Pacific Land Corporation's shares ever split?

Texas Pacific Land Corporation's shares were split on a 5:1 basis on 12 July 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Texas Pacific Land Corporation shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Texas Pacific Land Corporation shares which in turn could have impacted Texas Pacific Land Corporation's share price.

Texas Pacific Land Corporation share price volatility

Over the last 12 months, Texas Pacific Land Corporation's shares have ranged in value from as little as $429.8375 up to $1766.6726. A popular way to gauge a stock's volatility is its "beta".

TPL.US volatility(beta: 2.28)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Texas Pacific Land Corporation's is 2.2841. This would suggest that Texas Pacific Land Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Texas Pacific Land Corporation overview

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds oil and gas royalty interests; easements and commercial leases comprising easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; and agreements with operators and midstream companies to lease its land, primarily for facilities and roads. In addition, this segment is involved in material sales, including caliche. The company's Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also engages in the recycled water operations; and holds royalties for water sourced from its land. The company was founded in 1888 and is headquartered in Dallas, Texas.

Frequently asked questions

What percentage of Texas Pacific Land Corporation is owned by insiders or institutions?
Currently 2.277% of Texas Pacific Land Corporation shares are held by insiders and 57.404% by institutions.
How many people work for Texas Pacific Land Corporation?
Latest data suggests 102 work at Texas Pacific Land Corporation.
When does the fiscal year end for Texas Pacific Land Corporation?
Texas Pacific Land Corporation's fiscal year ends in December.
Where is Texas Pacific Land Corporation based?
Texas Pacific Land Corporation's address is: 1700 Pacific Avenue, Dallas, TX, United States, 75201
What is Texas Pacific Land Corporation's ISIN number?
Texas Pacific Land Corporation's international securities identification number is: US88262P1021
What is Texas Pacific Land Corporation's CUSIP number?
Texas Pacific Land Corporation's Committee on Uniform Securities Identification Procedures number is: 882610108

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